Fuck AI

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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

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161

Bank of England sounds alarm over AI bubble (www.telegraph.co.uk)

submitted 1 week ago by vane@lemmy.world to c/fuck_ai@lemmy.world

10 comments fedilink hide all child comments

https://archive.ph/Hf2tr

The Bank of England has warned that a bubble in artificial intelligence (AI) stocks threatens to spark a major market correction, posing a “material” danger to Britain’s economy.

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[–] kadu@scribe.disroot.org 18 points 1 week ago

I heard there's this funny little book, maybe a few more by the same author, that predicted capitalism would generate frequent collapses and that the time interval between them would become shorter... I wonder...